C3 Metals Intersects 101.9 Metres at 0.38% and 70.9 Metres at 0.62% Copper Equivalent at its Khaleesi Project, Peru - Mineralization Extended East
C3 Metals (TSXV: CCCM, OTCQB: CUAUF) reported broad copper intercepts at its Khaleesi project in Peru, headlined by 101.9 metres at 0.38% CuEq near surface and 70.9 metres at 0.62% CuEq at depth, extending mineralization 200 metres eastward. The company notes mineralization remains open in multiple directions, with ~16,830m drilled in 38 holes to date and geophysical (magnetics, gravity, 3DIP) surveys underway to guide follow-up drilling. For the FILER, Freeport-McMoRan (FCX), the release is only indirectly relevant: a Freeport affiliate holds an option to earn up to a 75% interest on 13,020 hectares of C3 Metals' Jamaica licenses by funding up to US$75 million.
Key figures
- Note
- All figures relate to C3 Metals' Khaleesi project, not FCX
- Holes completed
- 38
- Drilling completed m
- 16830
- Khaleesi best intercept
- 101.9m at 0.38% CuEq near surface; 70.9m at 0.62% CuEq at depth (hole KHZ5960-004)
- Mineralization extension m
- 200
AI analysis
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